Economist Questions Fed's Inflation Narrative for Rate Hikes
An economist suggests that recent Federal Reserve interest rate increases may be primarily aimed at Wall Street, rather than consumer inflation.
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An economist suggests that recent Federal Reserve interest rate increases may be primarily aimed at Wall Street, rather than consumer inflation.
Stablecoin issuer Circle has acquired Tazapay to enhance its payment infrastructure, particularly in fast-growing global markets.
A proposed US crypto regulatory framework, the 'Lummis-Gillibrand Responsible Financial Innovation Act,' awaits renewed Senate consideration.
Bitcoin experienced a price decline, falling below $77,000, as market participants weigh interest rate hike expectations against its diversification appeal.
OpenAI CEO Sam Altman stated the company has no immediate plans for an initial public offering this year, prioritizing growth over public listing.
Swiss crypto broker Bitcoin Suisse plans to reduce its domestic headcount by up to 50% as it shifts operational roles to Denmark.
Reform UK has reportedly received significant financial contributions from two prominent figures in the cryptocurrency sector within a 24-hour period.
Anthropic's CEO suggests a more measured approach to AI development, a sentiment echoed by other prominent figures in the industry.
Ripple's stablecoin strategy targets a significant corporate treasury market, with its new RLUSD stablecoin aiming for broad adoption.
Investors are increasingly examining Bitcoin's role as a portfolio diversifier, particularly in the context of growing allocations to AI-related assets.
Staked Ether (stETH) is emerging as a crucial benchmark for evaluating the health and growth of the decentralized economy.
A sophisticated phishing attack on Revolut led to a data breach, exposing personal information and cryptocurrency transaction details for some clients.
Bitcoin's price rally encounters headwinds above $77,000 as a notable increase in exchange-held BTC signals potential selling pressure.
Robinhood's CEO weighed in on the debate over companies' ability to block the tokenization of their shares, referencing the AMC situation.
US inflation matched forecasts, impacting market sentiment as analysts now anticipate further Federal Reserve interest rate increases.
US stocks staged a significant recovery on Friday, ending a losing streak despite inflation data, though major indices still closed lower for the week.
Bitcoin's price movements indicate sellers have regained a short-term advantage as weekend trading approaches, despite a broader range.
USDCAD advanced today, supported by key moving averages, but upside momentum stalled at a significant downward-sloping trendline.
A recent Houthi attack on Saudi Arabia's East-West pipeline has led to its precautionary shutdown, impacting a key oil export route.
JPMorgan now anticipates the Federal Reserve will implement interest rate increases in both September and December, aligning with market expectations.
The US federal budget deficit for August totaled $167 billion, substantially lower than anticipated, following July's near-record spending.
ECB Chief Economist Philip Lane discusses the potential for sustained high energy prices to affect consumer spending in the autumn.
The legal proceedings involving Sam Bankman-Fried are approaching their final stages, following his conviction on multiple felony charges.
Crude oil prices saw a notable decline despite recent attacks on Saudi energy infrastructure and escalating Middle East tensions.
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